Aftech Releases Code of Conduct

The Indonesian FinTech Association (Aftech) recently published a code of conduct providing guidance on ethical and responsible behavior (the code) for peer-to-peer financial technology (fintech) lending platforms that are registered or licensed by the Financial Services Authority (P2P firms). Fintechs that support P2P firms and are Aftech members (P2P supporting firms) will also be subject to the code, which will be de facto binding in nature.